The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Lantronix Inc shares valued at $22,400 were purchased by Chittipeddi Sailesh on May 21 ’25. At $2.24 per share, Chittipeddi Sailesh acquired 10,000 shares. The insider’s holdings grew to 10,000 shares worth approximately $28800.0 following the completion of this transaction.
Also, Derhacobian Narbeh purchased 5,000 shares, netting a total of over 11,650 in proceeds. Following the buying of shares at $2.33 each, the insider now holds 24,799 shares.
Before that, PRINTER HOSHI had added 10,000 shares to its account. In a trade valued at $22,800, the Director bought Lantronix Inc shares for $2.28 each. Upon closing the transaction, the insider’s holdings increased to 10,000 shares, worth approximately $0.61 million.
Analysts at Needham resumed the stock at ‘”a Buy”‘ outlook in a report released in mid March. As of February 09, 2024, Needham has reiterated its “Buy” rating for LTRX. Earlier on February 14, 2022, Canaccord Genuity initiated its rating. Their recommendation was “a Buy” for LTRX stock.
Analyzing LTRX Stock Performance
On last trading session,, Lantronix Inc [NASDAQ: LTRX] rose 12.50% to $2.88. The stock’s lowest price that day was $2.6101, but it reached a high of $2.9 in the same session. During the last five days, there has been a surge of approximately 13.39%. Over the course of the year, Lantronix Inc shares have dropped approximately -19.55%. Shares of the company reached a 52-week high of $4.49 on 01/07/25 and a 52-week low of $1.91 on 04/08/25.
Support And Resistance Levels for Lantronix Inc (LTRX)
According to the 24-hour chart, there is a support level at 2.69, which, if violated, would cause prices to drop to 2.51. In the upper region, resistance lies at 2.98. The next price resistance is at 3.09. RSI (Relative Strength Index) is 71.57 on the 14-day chart, showing overbought technical sentiment.
Is Lantronix Inc subject to short interest?
Stocks of Lantronix Inc saw a sharp steep in short interest on 2025-06-13 dropping by -0.11 million shares to 0.29 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 0.4 million shares. A decline of -37.55% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 1.09 of the overall float, the days-to-cover ratio (short ratio) decline to 1.09.
Which companies own the most shares of Lantronix Inc (LTRX)?
In terms of Lantronix Inc share price expectations, FactSet research, analysts set an average price target of 7 in the next 12 months, up nearly 173.44% from the previous closing price of $2.56. Analysts anticipate Lantronix Inc stock to reach 7.5 by 2025, with the lowest price target being 6. In spite of this, 4 analysts ranked Lantronix Inc stock as Buy at the end of 2025. On October 12, 2021, Craig Hallum assigned a price target of “a Buy” to the stock and initiated coverage with a $11.
